CHENNAI, India--July 17, 2013: All-new vehicles from Renault-Nissan's "Common Module Family" will
reflect "cost-breakthrough" pricing in multiple body and powertrain
configurations Production will begin in Chennai in 2015 for the Indian
market Renault and Nissan continue to aggressively expand dealer network
and product lineup in India

CEO and Chairman Carlos Ghosn confirmed today that the Renault-Nissan
Alliance is developing all-new vehicles to meet the specific demands of new
car buyers in the world's fastest growing economies.

The announcement marks the first all-new program developed from the
ground up by Renault SAS and Nissan Motor Co., Ltd., teams working side by
side from inception. The program, internally named CMF-A, covers the most
affordable category of cars in the Common Module Family, Renault-Nissan's
unique, modular system of vehicle architecture.

The CMF approach defines vehicles as five essential modules: the engine
bay, cockpit, front underbody, rear underbody and electrical/electronic
architecture. The compatible parts can then be assembled into hundreds of
possible configurations, for maximum efficiency and brand
differentiation.

Production of vehicles within the CMF-A scope will begin in 2015 at the
Renault-Nissan Alliance plant in Chennai. Renault and Nissan will reveal
additional details, including pricing details and product volume, closer to
the start of production.

Like all CMF categories, CMF-A offers a high degree of flexibility.
Significant body style and powertrain variations can be matched to specific
customer needs and preferences in India and other high-growth markets.

"We are breaking new ground with CMF-A to meet and exceed the high
standards of consumers in the world's fastest growing economies -
particularly people buying a new car for the first time," Ghosn said at
Renault Nissan Technology Business Centre, the Chennai-based engineering
facility where development work on CMF-A began last year. "These
influential consumers don't want a decontented car originally intended for
consumers in mature markets. They want and deserve a car that is modern,
robust and stylish - at a price point that represents a 'cost breakthrough'
for such a generous vehicle."